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Fly News Breaks for June 22, 2015
EXPE, PCLN
Jun 22, 2015 | 07:17 EDT
Deutsche Bank downgraded Priceline (PCLN) to Hold saying shares are trading at the high end of historical ranges despite slowing growth and rising risks from Airbnb. Deutsche cut its price target for shares to $1,325 from $1,425 and coupled the downgrade with an upgrade of Expedia (EXPE) to Buy.
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